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To: E_K_S who wrote (62258)7/30/2019 3:17:33 PM
From: bruwin  Read Replies (1) | Respond to of 78751
 
OT.

"Boris election was confirmed by a very small group"

It's not a case that only a small group elected Boris, as if only a small percentage of the "Voting Public" decided to vote. The fact is that the Leader of the Conservative Party, Theresa May, who was also the Prime Minister of the United Kingdom, voluntarily resigned as Prime Minister.

Therefore the Conservative Party had to elect a New Leader and thereby a New Prime Minister.

Any Conservative Member of Parliament could put their name forward and the Conservative Members of Parliament kept voting until there were only Two candidates left standing.

Once there were only Two candidates left, the final voting to decide who was going to be Prime Minister was now left to be decided by all the paid up members of the Conservative Party which number about 160 000. That process took several weeks. At the end of the day the Conservative Party membership voted for Boris Johnson in the ratio of about 2:1.

One must also remember that a British General Election is not the same as a USA election where a candidate is voted for and chosen to lead the country. In the United Kingdom it's about a Political Party that the voters are voting for. And the party that wins the most seats gets to be either the government on their own, or in the government in coalition with another political party where the sum of the seats of the two parties gives them an overall majority in Parliament.



To: E_K_S who wrote (62258)7/31/2019 12:47:20 PM
From: Bocor  Read Replies (2) | Respond to of 78751
 
Hard to be negative on the US??

read this:

sovereignman.com

and this:

Recent Fed easing cycles: - Fed cuts 50bps in Jan 2001 - recession begins two months later - Fed cuts 50bps in Sept 2007 - recession begins three months later